Attachments forums

List of attachments posted on this forum.


All files on forums: 135897

Re: RSI Indicators for MT4

Abdi, Tue Aug 22, 2023 7:36 pm

Kvak, about this RSI which I think is from you, can I ask for a modification if possible?

I have been loving it so far, especially the OB/OS zone exit signals and the MTF where you can also go on to a higher TF and see what's going on in the lower TF's.

I made an image that somehow shows how I use it. The question is if it is possible to add another RSI (with the same settings, if possible) as a filter.
The added RSI should act like a longer term RSI filter. If the longer term RSI is below the 50 level or in an oversold area, the trend and momentum is down.
And vice versa ...

It should have the option to show short term pullbacks (downtrend: short term RSI is overbought while long term RSI is oversold), like I illustrated in the image.

If possible and not too much to ask.
All files in topic